Section 68 if no books

Recent Posts

• Budget 2026: No deduction of interest in case of dividend income
• AI vs. Tax Evasion: The Success of NUDGE:
• No Permanent Establishment In India, Booking. com’s ₹3,960 Cr Commission Not Taxable: ITAT
• Making March Meaningful – Because 31st March Doesn’t Come with an Extension!
• Updated Return Allowed Even After Reassessment Notice – A Fresh Compliance Window under Finance Bill 2026
• Advance Tax under the Income Tax Act, 2025: Who Must Pay, Instalment Dates, and Interest Implications
• Compliance Calendar for March’2026
• GST Show Cause Notice Cannot Club Multiple Years: A Big Relief from Bombay High Court
• Draft Income-tax Rules, 2026: Salary Taxation Finally Gets an Inflation Reality Check
• Section 13(2)(e) Not Same as Deemed Dividend Law: ITAT Delhi Clarifies Rules for Trust Investments in Group Companies